Thursday, September 15, 2011

India Inc's Q2 advance tax: Who is Paying What ?


Source: Sep 15, 2011 at 13:34  : CNBC-TV18

The second quarter advance tax numbers have started trickling in. From the financials space, sources indicate HDFC is likely to pay Rs 475 crore, while ICICI Bank may pay Rs 600 crore.

From the Tata Group, Tata Steel may pay Rs 620 crore and TCS may see a big jump from Rs 270 crore to Rs 570 crore. In FMCGS, ITC is likely to pay Rs 750 crore, up 20% from last year and HUL may pay 200 crore.
Here is a table of what sources say India Inc is likely to pay as Q2 advance tax:   
Company
Rs (Cr.)
LIC
1,160
ITC
750
Bank of Baroda
620
Tata Steel
620
ICICI
600
TCS
570
SAIL
540
Union Bank
300
Bajaj Auto
250
Bank of India
250
Central Bank
220
HUL
200
M&M
170
MRPL
150
Nuclear Power C
150
GIC
130
Kotak
120
Asian Paints
95
ACC
90
Tata Motors
90
GrasimIndia
85
GSKPharma
85
Castrol Ind
80
CromptonGreaves
70
Orchid Chem
70
Oracle Fin
65
Zee Ent
50
Alok Ind
30
Pfizer
26

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